Teleskope launches an AI-based data protection platform to automate data security, privacy, and compliance at scale

TL;DR:

  • Teleskope launches an AI-based data protection platform to automate data security, privacy, and compliance at scale.
  • The platform reduces the burden on security, data, and engineering teams while helping organizations comply with regulations like GDPR and CCPA.
  • Teleskope uses artificial intelligence, including large language models (LLM), to provide accurate insights and automate security measures.
  • The solution minimizes false positives and allows organizations to focus on genuine vulnerabilities, streamlining security and privacy operations.
  • Teleskope’s contextual analysis surpasses traditional data classification, enabling precise identification of personally identifiable information (PII) and data subjects.
  • The company’s founder’s expertise and fresh perspective bring a unique approach to data security.
  • Teleskope’s solution is backed by a team of industry experts and has garnered significant pre-seed funding.

Main AI News:

Teleskope, a pioneering force in the field of data security, has announced the launch of its revolutionary data protection platform. This groundbreaking platform leverages artificial intelligence (AI) to automate data security, privacy, and compliance operations at scale, assisting organizations in meeting stringent regulations such as GDPR and CCPA. Teleskope’s innovative solution effectively reduces the manual workload and operational burden on security, data, and engineering teams, empowering them to streamline their processes.

The company recently secured $2.2 million in pre-seed funding, led by the prestigious Lerer Hippeau, further validating the importance and potential of Teleskope’s cutting-edge technology. This significant financial backing will undoubtedly fuel the company’s growth and allow it to continue developing advanced solutions for the ever-evolving data security landscape.

Unlike conventional Data Security Posture Management (DSPM) approaches that often suffer from alert fatigue due to a barrage of false positives, Teleskope distinguishes itself by harnessing the power of artificial intelligence, specifically large language models (LLM). By utilizing LLM, Teleskope provides organizations with actionable insights of unparalleled accuracy. The integration of the company’s data protection software into existing workflows and developer pipelines enables engineers to automate security measures from the very source, ensuring comprehensive protection throughout the data lifecycle.

Teleskope’s unique approach minimizes false positives and offers valuable context surrounding the data, allowing organizations to focus on genuine vulnerabilities. In an era marked by increasing data breaches and privacy incidents, the ability to mitigate risk is paramount. Teleskope rises to this challenge, arming organizations with the tools necessary to combat threats effectively and uphold their commitment to safeguarding data.

A study conducted by Fastly Research and Enterprise Strategy Group (ESG) revealed that a staggering 75% of organizations spend as much, if the not more, time on false positives than on actual attacks. These misleading alerts not only hinder productivity but also result in significant downtime. Teleskope’s visionary solution addresses this issue head-on, revolutionizing the way organizations maintain security across new and existing application architectures.

Founded by two former Airbnb security engineers, Elizabeth Nammour and Julie Trias, Teleskope embodies a unique blend of expertise and fresh perspectives in the realm of data security. Nammour and Trias, having experienced firsthand the challenges of constant manual assessments and rapidly outdated reviews, recognized the pressing need to replace traditional approaches with automation that provides real-time, up-to-date data security and privacy posture.

Privacy concerns are reaching new heights with the ever-increasing use of generative AI, which exacerbates the risk of data leaks,” emphasized Elizabeth Nammour, CEO of Teleskope. “Existing data classification products often fall short in terms of contextual understanding, scale, and integration, resulting in a surge of false positives and endangering critical data. Teleskope is uniquely positioned to address these concerns and empower customers to automate security and privacy measures, saving them valuable time while significantly reducing risk.”

Teleskope’s advanced contextual analysis surpasses traditional data classification methods by discerning the true nature of data. For instance, it can determine whether an address qualifies as personally identifiable information (PII) when associated with a customer’s home address, a public landmark, or a business address. This level of granularity ensures that organizations maintain compliance while minimizing false positives.

Harnessing the power of large language models, continuously fine-tuned for optimal performance, Teleskope excels at identifying the data subjects associated with various data sets. Whether it’s a customer, an employee, or distinguishing between different customer types, Teleskope’s sophisticated technology enables precise data identification and classification.

Graham Brown, managing partner at Lerer Hippeau, acknowledged the need for diversity of thought in the cybersecurity field. He praised Teleskope’s founders for their extensive experience as security-focused software engineers, which grants them invaluable insights into the pain points faced by organizations. Their developer-centric approach and strategic utilization of AI cement Teleskope as a trailblazer in contextual classification and the protection of customer information.

To further fortify its position as a leader in data security and protection, Teleskope has assembled a team of esteemed industry experts as advisors. Among them is Doug Dooley, chief operating officer of application security company Data Theorem, Abby Kearns, former CTO of Puppet, Sathia Narayanan Mahadevan, head of privacy and assurance at Reddit, and Nancy Wang, director of engineering for data protection and security at Amazon Web Services. Their guidance and expertise add immense value to Teleskope’s pursuit of excellence.

One of Teleskope’s satisfied customers, Nick Cobb, VP of engineering and product at Kyte, shared his experience, emphasizing the transformative impact of Teleskope’s solution. “Teleskope has revolutionized our compliance and security processes, streamlining our operations and saving us valuable time. Their accurate data classification capabilities have uncovered sensitive customer information that went unnoticed with manual approaches. By integrating Teleskope’s findings into our workflows through APIs, our engineers can automate compliance tasks, freeing them to focus on their core responsibilities. This level of efficiency is invaluable to us, especially considering the challenges faced by early-stage companies.”

Teleskope’s robust capabilities extend to monitoring cloud data stores and third-party vendors, providing organizations with a comprehensive inventory of assets, including hidden ones. By conducting advanced classification powered by a large language model and rules engine, Teleskope identifies sensitive data and provides actionable context, ensuring meticulous protection measures. Furthermore, Teleskope’s AI model adapts to each unique customer implementation, continuously improving its accuracy and effectiveness.

The versatile Teleskope solution seamlessly supports structured and unstructured data stores across popular cloud platforms such as AWS, GCP, and Snowflake, as well as third-party SaaS. With the ability to identify over 100 data types, including personal, payment, healthcare, and sensitive data, Teleskope’s comprehensive coverage ensures organizations have a robust defense against potential threats.

Teleskope empowers organizations by offering automated enforcement of compliance requirements and remediation of security vulnerabilities directly at the source. Alternatively, developers can leverage Teleskope’s open APIs to implement custom security or privacy protocols, providing flexibility and customization options. Teleskope’s scalable architecture is capable of handling petabytes of data while maintaining cost-effective pricing, making it an ideal choice for organizations of all sizes.

Conclusion:

Teleskope’s launch of its AI-powered data protection platform marks a significant advancement in the market. By addressing the challenges of alert fatigue and false positives, Teleskope empowers organizations to streamline their security and privacy operations, reducing risks associated with data breaches and privacy incidents. The integration of artificial intelligence and contextual analysis sets Teleskope apart, providing actionable insights and accurate data classification. With a strong team of experts and substantial funding, Teleskope is poised to become a leader in the data security industry, offering innovative solutions that meet the evolving needs of organizations striving for compliance and robust protection of customer information.

Source